VAST RESOURCES PLC

Capital/Financing Update • Apr 4, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

4 April 2019

Vast Resources plc

(“Vast” or the “Company”)

Appointment of Joint Broker

Vast Resources plc, the AIM-listed mining company with mines in Romania and Zimbabwe, is pleased to announce that it has appointed SP Angel Corporate Finance LLP as Joint Broker to the Company with immediate effect.

SVS Securities will continue to serve as Joint Broker to the Company.

**ENDS**

For further information, visit www.vastresourcesplc.com or please contact:

Vast Resources plc Andrew Prelea (Chief Executive Officer)	www.vastresourcesplc.com +44 (0) 20 7236 1177
Beaumont Cornish - Financial & Nominated Adviser  Roland Cornish  James Biddle	www.beaumontcornish.com +44 (0) 020 7628 3396
SVS Securities Plc – Joint Broker Tom Curran Ben Tadd	www.svssecurities.com +44 (0) 20 3700 0100
SP Angel Corporate Finance LLP – Joint Broker Ewan Leggat Caroline Rowe	www.spangel.co.uk +44 (0) 20 3470 0470
St Brides Partners Ltd Catherine Leftley Juliet Earl	www.stbridespartners.co.uk  +44 (0) 20 7236 1177

Notes

Vast Resources plc, is an AIM listed mining company with mines in Romania and Zimbabwe focused on the rapid advancement of high quality brownfield projects by recommencing production at previously producing mines in Romania and finalising its Chiadzwa Community Development Trust joint venture on the Heritage Concession (Block T1A of the Marange Diamond Fields) in Zimbabwe.

The Company’s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in Romania, where work is currently underway towards developing and recommissioning the mine on completion of funding.

Vast Resources owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance, and is focused on its expansion through the development of a second open pit operation and new metallurgical complex at the Carlibaba Extension Area. 

The Company also has interests in a number of projects in Southern Africa including a controlling 25% interest in the producing Pickstone-Peerless Gold Mine in Zimbabwe.